Annuities

A donor irrevocably transfers money or an appreciated asset (stocks, bonds, real estate, tangible personal property) to a charitable organization in return for its contractual obligation to pay the donor, another or both, fixed, guaranteed payments for life. Tax benefits include charitable income tax deduction, partial avoidance of capital gains tax, potentially tax free income, and estate tax reductions.

Deferred Payment Gift Annuity

Deferred Payment Gift Annuity. A donor irrevocably transfers cash or an appreciated asset (stocks, bonds, real estate, tangible personal property) to a charitable organization in exchange for its promise to pay an annuity to the donor, another or both, to begin more than one year from the date of transfer. The donor is able to make a gift now and get an income tax charitable deduction when he or she is in a high tax bracket, deferring payment until those years when the donor may need the income more (e.g., after retirement) and may be in a lower income tax bracket.

About Us

The Anglers of the Au Sable are a 800-member strong, 501(c)(3) environmental conservation organization founded in Grayling, Michigan, on January 18, 1987. There is no paid staff. Our client is the Au Sable River and its natural and recreational environs, including the neighboring Manistee River.

Calvin “Rusty” Gates Jr.

The Au Sable lost the best friend it ever had. Calvin “Rusty” Gates Jr., "Da Gator" to his legion of acquaintances, passed away on 19 December 2009. Things in this beautiful valley will never be the same.